Interactive Brokers wishes to supply the following information which may be useful for our Spanish residents when completing the required Form 720 for the Spanish Tax Authorities.
The legal entity that holds the accounts is mentioned in the upper part of the Activity Statements. Accounts of clients resident in Spain are held by:…
Your tax forms, including Form 1042-S, Annual Activity Statement and Dividend Statement, are available electronically. To access, log into Client Portal and click the menu icon in the top left corner > Reporting > Tax Documents. If you have the old Client Portal layout, select the Performance and Reports tab followed by Tax Documents. Please review the information on your forms. Please review the information on your forms…
European withholding taxes on dividends are taxed at source. This means that the tax is withheld by the depository prior to remittance of the distribution to us and the subsequent credit of the net distribution to the accounts of any clients.
As outlined in the client agreement, we hold all shares in street name. For this reason the rate between the dividend paying country (France) and the receiving country (IB LLC US) is 28% for 2020 (reduced from 30% for 2019). While you may hold an account with Interactive Brokers UK, IBUK in turn acts as an introducing broker for Interactive Brokers LLC. As such, Interactive Brokers LLC is the street facing holder of shares. See the below link to our Client Agreement for further clarification. In case the link does not work, find the Forms and Disclosures link at the bottom of our website and select Agreements followed by Client Agreements and IB UK Limited Client Agreement:…
ENABLE AND VIEW GERMAN TAX FORMS
Use the button above or follow the below procedure to enable Informational Tax Reports for a specific jurisdiction:…
Residents of the UK, EU countries and other select countries (i.e., Switzerland) may only open an account with Interactive Brokers (UK) Limited, irrespective of where you are domiciled. For your reference, UK Limited acts as an arranger for Interactive Brokers LLC. Interactive Brokers LLC holds clients funds and assets…
If you are missing a 1042-S, verify that you received interest, dividends or substitute payments in lieu from US sources in the previous year.
Once you have reviewed your account activity for the previous tax year and determined that you should have received a Form 1042-S for an account, please contact our Client Service department with specific transaction details, including the name of the security, number of shares/contracts and trade dates. We will research the issue and advise you once we have concluded our investigation…
Q: Is the German Tax Report also provided in German language?
A: No, it is currently only provided in English…
VIEW TAX FORMS VIEW FISCAL YEAR STATEMENTS
Clients residing in Australia are provided with the Australian financial year Activity Statement and the Income Transactions Taxable (Franking Credit) Report, which provides a breakout of dividends earned for Australian residents, around the middle of July for tax reporting purposes…
Overview
This document provides an overview of how the Spanish Financial Transaction Tax (FTT) will be handled by Interactive Brokers…
Overview
This document is designed to provide an overview of how the French Financial Transaction Tax will be handled by us…
Overview:
This document is designed to provide an overview of how the Italian Financial Transaction Tax (I-FTT) will be handled by us…
The 1042-S tax form is a document used to report a foreign person's U.S. source income that is subject to withholding. In general, foreign persons who do not have U.S. source dividend or interest income will not receive a 1042-S form…
Overview:
This document is designed to provide an overview of how the Italian Financial Transaction Tax (I-FTT) will be handled by us for Italian derivatives…
The following table lists the companies included in the scope of the Spanish Financial Transaction Tax as of December 2020. Based on the Spanish declaration, companies meeting the following qualifications would fall within the scope of the FTT:
The following table lists the companies included in the scope of the French Financial Transaction Tax as of January 2025. Based on the French declaration, companies meeting the following qualifications would fall within the scope of the FTT: